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Insolvent   /ɪnsˈɑlvənt/   Listen
Insolvent

adjective
1.
Unable to meet or discharge financial obligations.  "An insolvent estate"






WordNet 3.0 © 2010 Princeton University








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"Insolvent" Quotes from Famous Books



... vagabond, that, from idleness, turns quack, and advertises his nostrum in the public papers. I am neither a felonious drysalter returned from exile, an hospital stump-turner, a decayed staymaker, a bankrupt printer, or insolvent debtor, released by act of parliament. I do not pretend to administer medicines without the least tincture of letters, or suborn wretches to perjure themselves in false affidavits of cures that were never performed; nor employ a set of led captains to harangue in my praise ...
— The Adventures of Sir Launcelot Greaves • Tobias Smollett

... Ireland to fix a rent for a tenant and to reduce that rent on the tenant executing certain improvements. No improving tenant, or one who pays his rent, is ever disturbed in possession of his farm—it is only the insolvent one that is put out, and by the time the landlord can obtain possession of the farm it is always in a most delapidated condition. An ejectment for non-payment of rent cannot be brought till a clear ...
— The Letters of "Norah" on her Tour Through Ireland • Margaret Dixon McDougall

... returned John in his free manner. "Get the whitewash brush to work. The insolvent court has its ...
— Verner's Pride • Mrs. Henry Wood

... appointments, that they may gorge themselves with the provincial luxuries and wealth? No doubt you heard in what way our friend the philosopher gave the place of praetorian prefect to one who but three days before was a bankrupt,—insolvent, by G—, and a beggar. Be not you content: that same gentleman is now as rich as a prefect should be; and has been so, I tell you, any time these three days. And how, I pray you, how—how, my good sir? How ...
— The Caesars • Thomas de Quincey

... fair Aurora von Konigsmark, Sister of the Konigsmark who vanished instantaneously from the light of day at Hanover long since, and has never reappeared more. It was in search of him that Aurora, who was indeed a shining creature (terribly insolvent all her life, whose charms even Charles XII. durst not front), came to Dresden; and,—in this Comte de Saxe, men see the result. Tall enough, restless enough; most eupeptic, brisk, with a great deal of wild faculty,—running to waste, ...
— History of Friedrich II. of Prussia, Vol. XIII. (of XXI.) • Thomas Carlyle

... incantations; which had power, in the opinion of the Latian shepherds, to exhaust the strength of an enemy, to extinguish his life, and to remove from their seats his deep-rooted plantations. The cruelty of the Twelve Tables against insolvent debtors still remains to be told; and I shall dare to prefer the literal sense of antiquity to the specious refinements of modern criticism. After the judicial proof or confession of the debt, thirty days of grace ...
— The Great Events by Famous Historians, Volume 4 • Various

... highly advantageous to the State, and in accordance with the injunctions of the charter, reflecting the highest credit on the Commissioners, and bringing timely aid to an embarrassed community.' In little more than two years, however, the Mississippi Bank became totally insolvent, having lost the entire five millions invested in it by the State. Immediately on this having transpired, the Governor of the State sent a message to the Legislature recommending them to repudiate (this was the first time the ...
— The Continental Monthly, Vol. 4, No. 2, August, 1863 - Devoted to Literature and National Policy • Various

... not find anything. They ransacked his house; they examined all his accounts, every paper that he had, in and out of prison. They searched and scrutinized everything. They had every penny of his fortune, and I believe, though I cannot with certainty know, that the man died insolvent; and it was not pretended that he had ever applied to his own use any part ...
— The Works of the Right Honourable Edmund Burke, Vol. XI. (of 12) • Edmund Burke

... being an unfortunate Man himself, and owing much Money, he would not for his Right-hand set a Gentleman into the hands of a Bailiff. The Information carrying such an honest Face with it, cannot fail of being received with due Gratitude. The Insolvent is now obliged to look to himself, and instead of stealing to Chelsea or Kensington for a little Air, is forced to confine himself to bad Punch and worse Wine at some blind Hedge Coffee-house or Tavern within the Verge of the Court. The Rascal by ...
— The Tricks of the Town: or, Ways and Means of getting Money • John Thomson

... laws for both. Nor do the provisions of the decemviral code, with which we are acquainted, show that enlightened regard to natural justice which characterized jurisprudence in its subsequent development. It allowed insolvent debtors to be treated with great cruelty; they could be imprisoned for sixty days, loaded with chains, and then might be sold into foreign slavery. It sanctioned a barbarous retaliation—an eye for an eye, and a tooth for a tooth. But it gave a redress for lampoons or libels, allowed ...
— The Old Roman World • John Lord

... autumn, proposals had been heard to petition the British ministry to make the attempt, under a promise that the colonies would give their best aid. But that Massachusetts should venture it alone, or with such doubtful help as her neighbors might give, at her own charge and risk, though already insolvent, without the approval or consent of the ministry, and without experienced officers or trained soldiers, was a startling suggestion to the sober-minded legislators of the General Court. They listened, however, ...
— A Half-Century of Conflict, Volume II • Francis Parkman

... High Chancellor of England, He was an eminent Christian, An energetic and merciful Statesman, And a still more eminent and merciful Judge. During his three years' tenure of office He abolished the ancient method of conveying land, The time-honoured institution of the Insolvent's Court, And The Eternity of Punishment. Toward the close of his early career, In the Judicial Committee of the Privy Council, He dismissed Hell with costs, And took away from the Orthodox members of the Church of England Their last ...
— History of the Warfare of Science with Theology in Christendom • Andrew Dickson White

... brothers-in-law in due time returned from their mission with the doleful intelligence that the late Captain St. Leger had died insolvent, so far as his foreign wealth was concerned. They swore in open court, for Mr. Temple summoned them to appear and obliged them to take oath, that they received not sufficient from the assets to defray the ...
— Hubert's Wife - A Story for You • Minnie Mary Lee

... an Irish barrister. Born at Sligo, about 1788. He practiced with success in criminal cases in London, and gained a wide reputation by his speeches, the style of which is rather florid. He was for many years a commissioner of the insolvent debtors' court in London. Died ...
— Christopher Columbus and His Monument Columbia • Various

... sink of filth and dirt it once was, even its improved condition holds out but little temptation to the extravagant, or consolation to the improvident. The condemned felon has as good a yard for air and exercise in Newgate, as the insolvent debtor in the Marshalsea Prison. [Better. But this is past, in a better age, and the prison ...
— The Pickwick Papers • Charles Dickens

... that La Salle was insolvent. Tonty had long served without pay. Douay says that he made the stay of the party at the fort very agreeable, and speaks of him, with some apparent compunction, as "ce brave Gentilhomme, toujours inseparablement ...
— France and England in North America, a Series of Historical Narratives, Part Third • Francis Parkman

... Ceremonies, which he did to the entire satisfaction of his sovereign and of the nation. But while prosperity seemed to smile with increasing brilliancy, adversity was hovering near. In 1826, Archibald Constable and Company, the famous publishers of his works, became insolvent, involving in their bankruptcy the printing firm of the Messrs Ballantyne, of which Sir Walter was a partner. The liabilities amounted to the vast sum of L102,000, for which Sir Walter was individually responsible. To a mind less balanced by native intrepidity and fortified by ...
— The Modern Scottish Minstrel , Volume I. - The Songs of Scotland of the past half century • Various

... judicious payments to confidential creditors, his wife and daughter saw all THEY most prized taken away, and the town was filled with the magnitude of their sacrifices, and with the handsome manner in which both submitted to make them. By this ingenious device, the insolvent not only preserved his character, by no means an unusual circumstance in New York, however, but he preserved about half of his bona fide estate also; his creditors, as was customary, ...
— Autobiography of a Pocket-Hankerchief • James Fenimore Cooper

... the property of their master; for afterwards it is assumed that he may sell them, not as an ordinary right, but as the special penalty incurred by an insolvent debtor. A king, in ancient times and oriental regions, entered into pecuniary transactions with his servants on a great scale. One man, who owes all to the personal favour of the sovereign, is the governor ...
— The Parables of Our Lord • William Arnot

... servant and dependent. He seems to have regarded the merchants and bankers of State Street very much as a feudal baron regarded his peasantry. It was their privilege and duty to support him, and he repaid them with an occasional magnificent compliment. The result was that he lived in debt and died insolvent, and this was not the position which such a man as ...
— Daniel Webster • Henry Cabot Lodge

... his story—to give one example out of a score—he had been obliged to apply for the benefit of the Insolvent Act, in Philadelphia, owing to losses he had sustained by lending money to distressed compatriots, and eleemosynary outcasts, and had been opposed in the Court of Insolvency by Colonel John Stille, Jr. and ...
— The Atlantic Monthly, Volume 20, No. 122, December, 1867 • Various

... him have two louis.' 'If I have been the dupe of a clever comedian,' I said to Bordin, 'so much the worse for him, not for me. But tell me what to do.' 'You must try to get from him a written acknowledgment; for a debtor, however, insolvent he may be, may become solvent, and then he will pay.' Thereupon Bordin took from a tin box a case on which I saw the name of Mongenod; he showed me three receipts of a hundred francs each. 'The next time he comes I shall have him admitted, and I shall make him add ...
— The Brotherhood of Consolation • Honore de Balzac

... money upon appearances, sir, I should be insolvent in a fortnight. But stay," he cried uneasily, as I flung back my chair, "stay, sir. Is there no one of your province in the town to ...
— The Crossing • Winston Churchill

... But in time the glories of the exclusive and classically minded coterie faded, its leading spirits died or disappeared, the superior monthly organ—torch for all the country—burnt itself out, lost subscribers—in fact the whole business was declared insolvent, and the nervous, gifted, but too sanguine editor-in-chief (there were three editors), M. Anselme-Ferdinande Placide De Lery, avocat, and the devoted, conscientious, but unprogressive secretary, old Amedee Laframboise, scientific grubber and admirable violinist, had to get out of Rue St. ...
— Ringfield - A Novel • Susie Frances Harrison

... course, men of education and apparent lack of physical defect commit property crimes. Bankers often take money on deposit after the bank is insolvent. Not infrequently they forge notes to cover losses and in various ways manipulate funds to prevent the discovery of insolvency. As a rule the condition of the bank is brought about by the use of funds for speculation, with the intention of ...
— Crime: Its Cause and Treatment • Clarence Darrow

... he anticipated, without, however, any very firm grounds for such an assumption, would be a day of brief but grateful respite; a day on which he might venture to claim much the same immunity as was enjoyed in former days by the insolvent; a day, in short, which would glide slowly by with the rather drowsy solemnity peculiar to the British sabbath as observed by all ...
— Vice Versa - or A Lesson to Fathers • F. Anstey

... maritime powers of Europe." Burdened with debts which were the legacy of an era of speculation, a considerable part of the population, especially of the farmer class, was demanding measures of relief which threatened the security of contracts. "Laws suspending the collection of debts, insolvent laws, instalment laws, tender laws, and other expedients of a like nature, were familiarly adopted or ...
— John Marshall and the Constitution - A Chronicle of the Supreme Court, Volume 16 In The - Chronicles Of America Series • Edward S. Corwin

... by agreement retired, each retaining an equitable mortgage on the concern. Two years later, one of our historic panics shook the money-market, and in its course brought down Oak Farm.[203] A great accountant reported, a meeting was held at Freshfield's, the company was found hopelessly insolvent, and it was determined to wind up. The court directed a sale. In April 1849, at Birmingham, Mr. Gladstone purchased the concern on behalf of himself and his two brothers-in-law, subject to certain existing interests; and in May Sir Stephen Glynne resumed ...
— The Life of William Ewart Gladstone, Vol. 1 (of 3) - 1809-1859 • John Morley

... spending. My uncle married a rich merchant's daughter, for her money. My father ran off with a poor curate's penniless girl, for love. My father neglected his business and became poor. In the hope of redeeming his fortune he frequented the turf and the gambling-table; and died broken-hearted and insolvent in the prime of manhood; leaving his widow and her orphan boy to the protection and guardianship of the brother, who had drudged all his life ...
— The Monctons: A Novel, Volume I • Susanna Moodie

... miserable manner as never to know the Blessings of it. I say these things have Convinc^d me of the Notorious Violation of the Rights of Mankind and which I think no Rational Man will Ever try to Justify. America my Earnest Prayer is that thou mayst preserve thy Own Freedom from any Insolvent Invaders who may attempt to Rob the of the Same—but be Sure to let Slavery of all kinds ever ...
— Log-book of Timothy Boardman • Samuel W Boardman

... he has done, or that he has lost his lien by reason of not having filed it in time, as the law requires. Afterward he goes to the executor and demands payment for the repairs that he has made. Let us suppose that the estate is insolvent and cannot pay all of its debts in full. At the time of making this contract neither party supposed this would happen. But, unhappily, debts have come to light so large and numerous that there is not property enough to ...
— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... at it. And there came a letter telling me that a man of whose name I had never heard had been killed by a cow in Melbourne, and that under his will a legacy of three thousand pounds fell into the estate of a distant relative of my own who had died peacefully and utterly insolvent eighteen months previously, leaving me his sole heir and representative, and I put the revolver ...
— Sketches in Lavender, Blue and Green • Jerome K. Jerome

... and for a time at least his brother sovereigns must continue to be at enmity. The negotiations for the recovery of the French princes out of their Spanish prison, were on the point of conclusion; and, as Francis was insolvent, Henry had consented to become security for the money demanded for their deliverance. Beda had, moreover, injured his cause by attacking the Gallican liberties; and as this was a point on which the government was naturally ...
— The Reign of Henry the Eighth, Volume 1 (of 3) • James Anthony Froude

... war and all persons bought from foreigners were condemned to perpetual slavery. Others became slaves for limited periods,—freemen who married slaves, insolvent debtors, servants out of employment, and various other classes. As the legal interest of money was forty per cent., the enslavement of debtors must have been very common, and Russia was even then largely ...
— Historic Tales, Vol. 8 (of 15) - The Romance of Reality • Charles Morris

... is done, and done at once, by the policy-holders, each and every one of the largest companies may become insolvent; that is, they may not be able to meet the engagements of their policies, because of waste of funds, tremendous falling off of new business, tremendous cost of new business, and the nature of the new business—so-called "graveyard business"; for I am credibly ...
— Frenzied Finance - Vol. 1: The Crime of Amalgamated • Thomas W. Lawson

... pains and penalties and municipal regulations. The penalty for mutilation was a corresponding mutilation unless the fine prescribed was paid. The making of false money was punished with death. The false witness, if insolvent, lost his right nostril, and his name was published as a perjurer on the stair of the communal palace. He who destroyed the property of another lost his right hand. But there was no public executioner; and there are many records of the flight of guilty persons, though an intention to make ...
— The Shores of the Adriatic - The Austrian Side, The Kuestenlande, Istria, and Dalmatia • F. Hamilton Jackson

... the leading presses of the country is now more clearly established. Editors to whom it loaned extravagant sums in 1831 and 1832, on unusual time and nominal security, have since turned out to be insolvent, and to others apparently in no better condition accommodations still more extravagant, on terms more unusual, and some without any security, have also ...
— A Compilation of the Messages and Papers of the Presidents - Section 1 (of 2) of Volume 3: Andrew Jackson (Second Term) • James D. Richardson

... your brother-in-law. And I said, 'I am Philip Ormond Berkley; how do you do!' And he said, 'How do you do!' And I said, 'I'm a relation,' and he said, 'I believe so.' And I said, 'I was educated at Harvard and in Leipsic; I am full of useless accomplishments, harmless erudition, and insolvent amiability, and I am otherwise perfectly worthless. Can you give ...
— Ailsa Paige • Robert W. Chambers

... this settlement might have been upset; but the trustees of Mrs. Walter Scott would probably also have felt bound to resist this, and leave to unsettle could only have been obtained on the humiliating and even slightly disgraceful plea that the granter, being practically insolvent at the time, was acting beyond his rights. It seems to have been proposed by the Bank of Scotland, during the negotiations for the arrangement which followed, that this should be done; and the reasons which dictated Scott's refusal would have equally, ...
— Sir Walter Scott - Famous Scots Series • George Saintsbury

... triumph over the powerful body, which they hated and dreaded. The bank which had recently begun to exist under such splendid auspices, which had seemed destined to make a revolution in commerce and in finance, which had been the boast of London and the envy of Amsterdam, was already insolvent, ruined, dishonoured. Wretched pasquinades were published, the Trial of the Land Bank for murdering the Bank of England, the last Will and Testament of the Bank of England, the Epitaph of the Bank of England, the Inquest on the Bank of England. But, in spite of all ...
— The History of England from the Accession of James II. - Volume 4 (of 5) • Thomas Babington Macaulay

... several pleas, among which was a certificate of discharge under the act of the legislature of the State of New York, of April 3d, 1801, for the relief of insolvent debtors, commonly called ...
— The Great Speeches and Orations of Daniel Webster • Daniel Webster

... and it is said that we advocates get our money for nothing," he remarked, after a pause. "I have freed one insolvent debtor from a totally false charge, and now they all flock to me. Yet every such case costs enormous labour. Why, don't we, too, 'lose bits of flesh in the inkstand?' as some writer or other has said. ...
— Resurrection • Count Leo Tolstoy

... been set in pleasant places. I should have been glad if Providence had allowed me to be a better father to you, a better husband to your poor mother—a better Christian, in fact—and had spared me the repeated humiliation of going through the Insolvent Debtors' Court. It is not always easy to understand the justice of these things: and it has often appeared to me that something of the favouritism which is the bane of our governments on earth must needs obtain at a higher tribunal. One man enters life with an entailed estate worth seventy ...
— Charlotte's Inheritance • M. E. Braddon

... that they must retain or keep invested a sum equal to about two-thirds of all the premiums paid on all existing policies. The moment they part with any portion of this reserve for any purpose whatsoever, they are declared insolvent and wound up by a receiver. In other words, the corporation is d——d if it does and the policy holder is d——d if it doesn't. That the latter gets the sulphur bath goes without saying. The four largest old system companies doing business ...
— Volume 10 of Brann The Iconoclast • William Cowper Brann

... to shore up the insolvent U.S.A. economy and the resulting opposition of America's leading European trading partners is not reassuring. If western civilization has passed the zenith of its development and entered a period of decline and fragmentation ...
— Civilization and Beyond - Learning From History • Scott Nearing

... the cost of the spirits to accumulate by simple interest only, the whole town, at the end of the term, could not pay their rum bills. It can be no consolation that all other towns would be alike insolvent. ...
— Select Temperance Tracts • American Tract Society

... de Lomenie appropriates and expends the funds of a private subscription raised for a hospital, and, at the time of his resignation, the treasury is empty, save 450,000 francs, half of which he puts in his pocket. What an administration!—In the presence of this debtor, evidently becoming insolvent, all people, far and near, interested in his business, consult together with alarm, and debtors are innumerable, consisting of bankers, merchants, manufacturers, employees, lenders of every kind and degree, and, in the front rank, the capitalists, who have put all ...
— The Origins of Contemporary France, Volume 1 (of 6) - The Ancient Regime • Hippolyte A. Taine

... shortened to 6, 9, and 12 months, and ware-houses provided by Government sufficient to receive the goods offered in deposit for security and for debenture, and if the right of the United States to a priority of payment out of the estates of its insolvent debtors were more effectually secured, this evil would in a great measure be obviated. An authority to construct such houses is therefore, with the proposed alteration of the ...
— State of the Union Addresses of Andrew Jackson • Andrew Jackson

... 6th February, 1607, Werner Cruwel, an insolvent tradesman of Brussels, and a relative of Recorder Aerssens, father of the envoy at Paris, made his appearance very unexpectedly at the house of his kinsman at the Hague. Sitting at the dinner-table, but neither ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley

... contact with the higher classes of society, had led him into many scrapes, out of which his father's money had in one way or another released him; but that source of safety had now failed. Old Rollet, having been too busy with the affairs of the nation to attend to his business, had died insolvent, leaving his son with nothing but his own wits to help him out of future difficulties; and it was not long before ...
— Little Classics, Volume 8 (of 18) - Mystery • Various

... small or no substance, did again cruelly and inhumanly, and without any legal authority, order the said Durbege Sing to be strictly imprisoned; and the said Durbege Sing, in consequence of the vexations, hardships, and oppressions aforesaid, died in a short time after, insolvent, but whether in prison or ...
— The Works of the Right Honourable Edmund Burke, Vol. VIII. (of 12) • Edmund Burke

... situation of the adventurer is exactly the same. If he succeeds, he may secure an independency. If he is unsuccessful, his person and services are at the disposal of another; for in Africa, not only the effects of the insolvent, but even the insolvent himself, are sold to satisfy the lawful demands ...
— Life and Travels of Mungo Park in Central Africa • Mungo Park

... music—the one being the poetry of form and colour, the other of the sounds of nature. Handel was an indefatigable and constant worker; he was never cast down by defeat, but his energy seemed to increase the more that adversity struck him. When a prey to his mortifications as an insolvent debtor, he did not give way for a moment, but in one year produced his 'Saul,' 'Israel,' the music for Dryden's 'Ode,' his 'Twelve Grand Concertos,' and the opera of 'Jupiter in Argos,' among the finest of his works. As his biographer says ...
— Self Help • Samuel Smiles

... characterises the breed of Irishmen who favour Home Rule. The party paper, once a fine property, has in their hands sunk below zero, and they built New Tipperary on land to which they had no title; so that the money was completely thrown away. Almost every Board of Guardians in the country is insolvent, except in those cases where the Government has kicked out the Poor Law Guardians elected by the Parish, and restored solvency by sending down paid men to run the concern for a couple of years. This has been done in ...
— Ireland as It Is - And as It Would be Under Home Rule • Robert John Buckley (AKA R.J.B.)

... encounter the stern reality of his position—and that was Ruin. He was without hope and without resource. His debts were vast; his patrimony was a fable; and the mysterious inheritance of his wife had been tampered with. The elder Ferrars had left an insolvent estate; he had supported his son liberally, but latterly from his son's own resources. The father had made himself the principal trustee of the son's marriage settlement. His colleague, a relative of the heiress, ...
— Endymion • Benjamin Disraeli

... there being no Church of England bishop as yet in America, the colonists were obliged to import their divines from the mother-country. Such as came were not, naturally, of the very best or most eloquent kind of pastors. Noblemen's hangers-on, insolvent parsons who had quarrelled with justice or the bailiff, brought their stained cassocks into the colony in the hopes of finding a living there. No wonder that Whitfield's great voice stirred those whom harmless Mr. Broadbent, the Williamsburg chaplain, never ...
— The Virginians • William Makepeace Thackeray

... presented and paid, he had doubtless preserved some record of it, and hence a clue might be afforded, though every other expedient should fail. My usual ill fortune pursued me upon this occasion; for the merchant had lately become insolvent, and, to avoid the rage of his creditors, had fled, without leaving any vestige of this or similar transactions behind him. He had, some years since, been an adventurer from Holland, and was ...
— Edgar Huntley • Charles Brockden Brown

... tardily replenished under a loose system of taxation. The Boers have never been good taxpayers, and no Government has been able to enforce the proper payment of taxes due to the State. A decade after its establishment the Republic was practically insolvent. Even as early as 1857 the Government was compelled to issue mandaten, or bills, wherewith to raise money to buy ammunition, and to pay its servants. In 1866 a regular issue of paper money was sanctioned ...
— South Africa and the Transvaal War, Vol. 1 (of 6) - From the Foundation of Cape Colony to the Boer Ultimatum - of 9th Oct. 1899 • Louis Creswicke

... To give an idea of this part of the town, it is enough to say that the landlords of some of the houses tenanted by working men without work, by dangerous characters, and by the very poor employed in unhealthy toil, dare not demand their rents, and can find no bailiffs bold enough to evict insolvent lodgers. At the present time speculating builders, who are fast changing the aspect of this corner of Paris, and covering the waste ground lying between the Rue d'Amsterdam and the Rue Faubourg-du-Roule, will no doubt alter the character of the inhabitants; for the trowel is a more civilizing ...
— Cousin Betty • Honore de Balzac

... Fortune, out of her close-hidden hand, laid down a trump thereon with quiet sneering smile? And she would! He knew, somehow, that he should not thrive. His children would die of the measles, his horses break their knees, his plate be stolen, his house catch fire, and Mark Armsworth die insolvent. What a fool he was, to fancy such nonsense! Here he had been slaving all his life to keep his father: and now he could keep him; why, he would be justified, right, a good son, in doing the thing. How hard, how unjust ...
— Two Years Ago, Volume II. • Charles Kingsley

... of Mr. Draper was announced. No blame was attached to him, though the sum for which he became insolvent was immense, and swallowed up many a hard-earned fortune. Where was Howard's little capital?—Gone with the ...
— Rich Enough - a tale of the times • Hannah Farnham Sawyer Lee

... my master and I had to cook and sleep, was one of the most miserable tumble-down erections I ever saw inhabited. It had formed part of an ancient set of offices that had been condemned about fourteen years before; but the proprietor of the place becoming insolvent, it had been spared, in lack of a better, to accommodate the servants who wrought on the farm; and it had now become not only a comfortless, but also a very unsafe dwelling. It would have formed no bad ...
— My Schools and Schoolmasters - or The Story of my Education. • Hugh Miller

... if my whole life had not been one continued lottery, with every day a blank; and as to horses, I had eleven in my stables already. Perhaps she thought twelve would read better in my schedule, when I, next week, surrendered as insolvent. ...
— The Confessions of Harry Lorrequer, Complete • Charles James Lever (1806-1872)

... Fallowfield, at length, from the depths of his divan, "how is the regiment going on? Insolvent as ever?" ...
— Guy Livingstone; - or, 'Thorough' • George A. Lawrence

... who is insolvent may institute one of his slaves heir in his will, conferring freedom on him at the same time, so that he may become free and his sole and necessary heir, provided no one else takes as heir under the will, either because no one else was instituted ...
— The Institutes of Justinian • Caesar Flavius Justinian

... scavenger, who had been out of work for a week and who was an Hashish-eater to boot; and she called him, saying, "Hither, O donkey-boy!" So he came to her and she asked, "Knowest thou my son the dyer?"; whereto he answered, "Yes, I know him." Then she said, "The poor fellow is insolvent and loaded with debts, and as often as he is put in prison, I set him free. Now we wish to see him declared bankrupt and I am going to return the goods to their owners; so do thou lend me thine ass to carry the load and receive this dinar to its hire. When I am gone, take the handsaw and ...
— The Book of the Thousand Nights and a Night, Volume 7 • Richard F. Burton

... the road was depreciated and borne down on the Exchange until the road became insolvent. All my money was in the road, and when the crisis came I found myself stranded. The King of the Rail Road Trust, Jacob L. Vosbeck, bought up the stock and then raised it to even a higher figure than it had ever ...
— The Transgressors - Story of a Great Sin • Francis A. Adams

... in the doomed little house, but without success. Desperate adventurers seized upon it as a last resource, or chose it as a place wherein to consummate their ruin. The Olympic was contiguous to the Insolvent Debtors' Court, in Portugal Street, and from the paint-pots of the Olympic scene-room to the whitewash of the commercial tribunal there was ...
— The Atlantic Monthly, Volume 13, No. 80, June, 1864 • Various

... he sold his farm he was by no means out of danger of absolute insolvency—he was in fact ruined; but he was not yet the victim of those processes which would make him legally insolvent. The vultures were hovering, but they had not yet swooped, and there was the Manor saw-mill going night and day; for by the strangest good luck Jean Jacques received an order for M. Mornay's new railway (Judge Carcasson was behind that) which would keep his saw-mill working twenty-four ...
— The Judgment House • Gilbert Parker

... began to think that it was not quite right. I do believe he had never thought so before, or thought about it. It was the first remonstrance I had ever made about my lot, and perhaps it opened up a little more than I intended. A back-attic was found for me at the house of an insolvent-court agent, who lived in Lant Street in the borough, where Bob Sawyer lodged many years afterwards. A bed and bedding were sent over for me, and made up on the floor. The little window had a pleasant prospect of a timber-yard; and when I took possession of my new abode ...
— The Life of Charles Dickens, Vol. I-III, Complete • John Forster

... while in the flesh (chapt. ii. 280, etc.) said "Allah covereth all faults except debt; that is to say, there will be punishment therefor." Also "A martyr shall be pardoned every fault but debt." On one occasion he refused to pray for a Moslem who died insolvent. Such harshness is a curious contrast with the leniency which advised the creditor to remit debts by way of alms. And practically this mild view of indebtedness renders it highly unadvisable to oblige a ...
— The Book of the Thousand Nights and a Night, Volume 9 • Richard F. Burton

... home is dismantled and in the hands of decorators. I have been here one week, during which I have had not a single night of uninterrupted sleep, and I intend to stay until I have recuperated. Moreover, if Mr. Armstrong died insolvent, as I believe was the case, his widow ought to be glad to be rid of so expensive a piece ...
— The Circular Staircase • Mary Roberts Rinehart

... It is on a matter of the greatest importance. Give her my card." So saying, he held out a bit of pasteboard, on which, below his name, were inscribed the words: "Liquidations. Settlements effected for insolvent parties." ...
— The Count's Millions - Volume 1 (of 2) • Emile Gaboriau

... better, a letter comes to hand Astin' how I'd like to dicker fer some Illinois land— "The feller that had owned it," it went ahead to state, "Had jest deceased, insolvent, leavin' chance to speculate,"— ...
— The Complete Works • James Whitcomb Riley

... Arkansas invested this money in a bank, entitled 'The Real Estate Bank of Arkansas;' and of which the State was the great stockholder. In 1839, this Bank, having loaned out these funds to the citizens of Arkansas, became absolutely and totally insolvent, and has never been able to pay one cent on the dollar to any of its creditors. In 1839, the State of Arkansas failed to pay the interest on its bonds, and from that day to this has never paid one dollar either of interest or principal on any of ...
— Continental Monthly, Volume 5, Issue 4 • Various

... wanting to make the colonies expensive and the home treasury insolvent. The governors as royal favorites regarded their appointments as easy roads to quick wealth, and they plundered not only the inhabitants but their royal master. The inefficient and extravagant management of trade, which was a government ...
— The Age of the Reformation • Preserved Smith

... ruling orders had already reduced the laboring classes to poverty and abject dependence; and all whom bad times or casual disasters had compelled to borrow had been impoverished by the high rates of interest; while thousands of insolvent debtors had been sold into slavery, to satisfy the demands of relentless creditors. In this situation of affairs the most violent or needy demanded a new distribution of property; while the rich would have held ...
— Mosaics of Grecian History • Marcius Willson and Robert Pierpont Willson

... to Richmond, and again became a teacher in his school. But everything was now changed, and that for the worse. Mr. Persico, no longer under the influence of his wife, who had fallen a prey to cruel disease, lost heart, fell heavily in debt, and became at length hopelessly insolvent. Later, he is said to have been lost at sea on his way to Italy. The whole period of Miss Payson's second residence in Richmond was one of sharp trial and disappointment. But it brought out in a very vivid manner her disinterestedness and the generous warmth of ...
— The Life and Letters of Elizabeth Prentiss • George L. Prentiss

... best he could get—is it probable that his application would be rejected? or that the officer would do more than inquire whether the bank then paid specie, without troubling his head to ascertain whether it merely made a show of paying it, and whether it would not be insolvent in a month. Let it not be said, that if doubts were entertained of the solidity of the bank, its paper might be immediately converted into specie; for, in the first place, the bank may be some hundreds of miles distant; and though it were in the immediate vicinity, payment of ...
— The American Quarterly Review, No. 17, March 1831 • Various

... Pompey had done nothing to sustain or to revive his obsolete reputation. Capua or other great towns knew him only as a great proprietor. And let us ask this one searching question—Was the poor spirit-broken insolvent, a character now so extensively prevailing in Italian society, likely to sympathize more heartily with the lordly oligarch fighting only for the exclusive privileges of his own narrow order, or with the great reformer who ...
— The Posthumous Works of Thomas De Quincey, Vol. II (2 vols) • Thomas De Quincey

... done so on the comparatively small scale of the dealings known to us. The few thousand involved could not have meant an enormous amount to Rufus. He had, it is true, begun his career on the Stock Exchange, found himself insolvent and been "hammered." But he had gone on to make large sums at the Bar—up to thirty thousand pounds a year; and his salary as Attorney-General was twenty thousand ...
— Gilbert Keith Chesterton • Maisie Ward

... the year 1709. People never ceased wondering what had become of all the money of the realm. Nobody could any longer pay, because nobody was paid: the country-people, overwhelmed with exactions and with valueless property, had become insolvent: trade no longer yielded anything—good faith and confidence were at an end. Thus the King had no resources, except in terror and in his unlimited power, which, boundless as it was, failed also for want of having ...
— Marguerite de Navarre - Memoirs of Marguerite de Valois Queen of Navarre • Marguerite de Navarre

... The insolvent debtor, who in the majority of cases had studied his pleasures more than his constitution, was perhaps an even less desirable recruit than his cousin the emancipated convict. In his letters to the Navy Board, Capt. Aston, R.N., relates how, immediately ...
— The Press-Gang Afloat and Ashore • John R. Hutchinson

... which men can ignore unwelcome questions; and I know of nothing more tragical than the fact that they choose to exercise the power. What would you think of a man who never took stock because he knew that he was insolvent, and yet did not want to know it? And what do you think of yourselves if, knowing that the thought of passing into that solemn eternity is anything but a cheering one, and that you have to pass thither, you never turn your head to look at it? Ah, brother, if it be true that this question ...
— Expositions of Holy Scripture - Isaiah and Jeremiah • Alexander Maclaren

... countenances he had that need be exhibited—enough, as we say, to spean weans. The man was always extremely precise in the quality of everything about him; his dress, accommodations, and everything else. He became insolvent, poor man, and, for some reason or other, I attended the meeting of those concerned in his affairs. Instead of ordinary accommodations for writing, each of the persons present was equipped with a large sheet of drawing-paper ...
— Memoirs of the Life of Sir Walter Scott, Volume I (of 10) • John Gibson Lockhart

... subject. The great men held a large portion of the community in dependence by means of advances at enormous usury. The law of debt, framed by creditors, and for the protection of creditors, was the host horrible that has ever been known among men. The liberty and even the life of the insolvent were at the mercy of the Patrician money-lenders. Children often became slaves in consequence of the misfortunes of their parents. The debtor was imprisoned, not in a public jail under the care of impartial public functionaries, but in a private workhouse ...
— Lays of Ancient Rome • Thomas Babington Macaulay

... Ivans had created a new code of laws, and now there was an ample prison-house for its transgressors! The penal code was frightful. An insolvent debtor was tied up half naked in a public place and beaten three hours a day for thirty or forty days, and then, if no one came to his rescue, with his wife and his children he was sold as a slave. But Siberia was ...
— A Short History of Russia • Mary Platt Parmele

... uncle's. Under these circumstances, Morris could do nothing to procrastinate the crash; and, when it came, when prying eyes began to be applied to every joint of his behaviour, two questions could not fail to be addressed, sooner or later, to a speechless and perspiring insolvent. Where is Mr Joseph Finsbury? and how about your visit to the bank? Questions, how easy to put!—ye gods, how impossible to answer! The man to whom they should be addressed went certainly to gaol, and—eh! what was this?—possibly to the gallows. Morris was trying to shave when this idea ...
— The Wrong Box • Robert Louis Stevenson and Lloyd Osbourne

... standing;) nay—even Mr. Gammon, foiled at length, could not for the life of him refrain from a soft curse or two. Neither of them could make anything of it—(as for Snap, they never showed it to him; it was not within his province—i. e. the Insolvent Debtors' Court, the Old Bailey, the Clerkenwell Sessions, the Police Offices, the inferior business of the Common Law Courts, and the worrying of the clerks of the office—a department in which ...
— Ten Thousand a-Year. Volume 1. • Samuel Warren

... ambassador. Last, but not least, is the Sultan of Turkey, who has a large family to provide for and who keeps a man busy issuing promissory notes to Uncle Sam so that his wives may be properly supplied with filigree hair pins and divided skirts. They say he recently bought the entire stock of an insolvent dry goods store for his harem, and it only ...
— Said the Observer • Louis J. Stellman

... a day when that door stayed locked and a hundred white faces gathered about it, blocking the village street and talking in whispers though the noonday sun was shining. Raymond's bank was insolvent, and the banker himself, a fugitive in tarry sea clothes, was hauling ropes on a vessel outward bound for Callao. He might have stayed in Middleborough and braved it out, for he had robbed no man and his personal honour ...
— Love, The Fiddler • Lloyd Osbourne

... should cease together after the lapse of seven years. For it was probable that those who could conveniently pay their debts, would do so before the seventh year, and would not defraud the lender without cause. But if they were altogether insolvent, there was the same reason for remitting the debt from love for them, as there was for renewing the loan on account of ...
— Summa Theologica, Part I-II (Pars Prima Secundae) - From the Complete American Edition • Saint Thomas Aquinas

... sent to the grammar-school in our town, where he gained the rudiments of education, and a certain amount of Latin and Greek; and where he might, possibly, have become well-educated, had he not—his father dying insolvent—been taken from school, and, much to his grief, apprenticed to the trade he was ...
— Saved from the Sea - The Loss of the Viper, and her Crew's Saharan Adventures • W.H.G. Kingston

... the figurehead of the radicals in 1864, so that his notoriety was great. Schenck, while Minister in London, posed as director of a mining company, and borrowed from the promoters of the scheme the money with which he bought his shares. When the company proved insolvent, and perhaps fraudulent, Grant was forced to recall him. Critics who saw dishonesty or low ethical standards in these men were ready to see in the carnival of the Reconstruction Governments ...
— The New Nation • Frederic L. Paxson

... against M. Gandrin, but every man who knows Paris as I do, knows that M. Louvier can put, and has put, a great deal of money into M. Gandrin's pocket. The purchaser of your wood does not pay more than his deposit, and has just left the country insolvent. Your purchaser, M. Collot, was an adventurous speculator; he would have bought anything at any price, provided he had time to pay; if his speculations had been lucky he would have paid. M. Louvier ...
— The Parisians, Complete • Edward Bulwer-Lytton

... is filled with color and action, the background of which is the rather motley life of colonial Georgia, or rather of the time during which Georgia was being established as a colony for insolvent debtors through the efforts of General Oglethorpe. The suspicions and uneasiness existing in the midst of the heterogeneous population attracted to the new colony, the constant state of alarm from the threatened incursions by the Spanish from the South and the presence of Indians and negroes, furnish ...
— Ainslee's, Vol. 15, No. 6, July 1905 • Various

... me impatient. But I feel bound to let you know that I am satisfied, from inquiries made in various reliable quarters, that the distress is now really serious. The most severe suffering is at Johannesburg. Business there is at a standstill; many traders have become insolvent, and others are only kept on their legs by the leniency of their creditors. Even the mines, which have been less affected hitherto, are now suffering, owing to the withdrawal of workmen, both European and native. The crisis also affects the ...
— Lord Milner's Work in South Africa - From its Commencement in 1897 to the Peace of Vereeniging in 1902 • W. Basil Worsfold

... wisdom from his father's example. He in his turn became the friend of the Regent, and to repair his shattered fortunes he engaged, at the advice of Lau, in those disastrous financial enterprises that paved the way for the Revolution. He failed completely in his ventures, left Paris insolvent, and took refuge in the Chateau de Chamondrin, where he hoped to escape the wrath of his creditors. But they complained to the king, and brought such influence to bear upon him that Louis XV., the Well-beloved, who had just ascended the throne, informed the ...
— Which? - or, Between Two Women • Ernest Daudet

... into partnership by Matthew Boulton in 1762, devoting himself principally to the foreign agencies. Many of the branches of trade in which he was connected proved failures, and he died insolvent in 1782, while Boulton breasted the storm, and secured fortune by means of his steam engines. He did not, however, forget his first ...
— Showell's Dictionary of Birmingham - A History And Guide Arranged Alphabetically • Thomas T. Harman and Walter Showell

... need of the customers of a bank never exactly coincide and many payments are made among the customers of a single bank, requiring only bookkeeping transfers. A fractional reserve is therefore ordinarily fully adequate, altho with any less than a 100 per cent reserve any bank would be insolvent if all of its demand obligations were presented at the same instant. Such a contingency is made impossible by business custom and public opinion especially among the larger customers of banks, but the panic of small depositors often brings about ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... gives Congress power to establish a uniform system of Bankruptcy. The people of Massachusetts, a commercial and manufacturing State from the beginning, have always desired a Bankrupt law. They were large dealers with other States and with other countries. Insolvent debtors in Massachusetts could not get discharge from their debts contracted in such dealings. The Massachusetts creditors having debts against insolvents in other States found that their debtors under the laws of those States either got preferences or made fraudulent ...
— Autobiography of Seventy Years, Vol. 1-2 • George Hoar

... never returned to it. He obtained a cruising vessel, which was lost in the Atlantic two years afterwards. The widow was left in affluence, but reverses of various kinds had befallen her: a bank broke; an investment failed; she went into a small business and became insolvent; then she entered into service, sinking lower and lower, from housekeeper down to maid-of-all-work,—never long retaining a place, though nothing decided against her character was ever alleged. She was considered sober, honest, and peculiarly quiet in her ways; still ...
— The Lock and Key Library • Julian Hawthorne, Ed.

... the guests of the house, Mr. Paul was the most liked and most respected. He paid well and punctually, while the others hung back for a long time, if indeed they did not vanish insolvent. Besides which he acted as a sort of walking advertisement for the establishment, inasmuch as his father was a senator. And when a stranger would inquire: "Who on earth is that little chap who thinks so much of himself because of his girl?" some habitue would reply, half-aloud, with a mysterious ...
— The Works of Guy de Maupassant, Volume IV (of 8) • Guy de Maupassant

... convents which apply it. Moreover, Orders like the Carmelites and the Poor Clares willingly accept the transfer to them of temptations we suffer; then these convents take on their backs, so to speak, the diabolical expiations of those insolvent souls whose debts they ...
— En Route • J.-K. (Joris-Karl) Huysmans

... ancestor was, I have been told, a process server in one of the poorest parishes of the Rouergue. He used to engross on stamped paper in a primitive spelling. With his well-filled pen case and ink horn, he went drawing out deeds up hill and down dale, from one insolvent wretch to another more insolvent still. Amid his atmosphere of pettifoggery, this rudimentary scholar, waging battle on life's acerbities, certainly paid no attention to the insect; at most, if he met it, he would ...
— The Life of the Fly - With Which are Interspersed Some Chapters of Autobiography • J. Henri Fabre

... by the coalition of the Nucingens. If a speculator blows his brains out, if a stockbroker bolts, if a lawyer makes off with the fortune of a hundred families—which is far worse than killing a man—if a banker is insolvent, all these catastrophes are forgotten in Paris in few months, and buried under the oceanic ...
— Scenes from a Courtesan's Life • Honore de Balzac

... you, Adam? You will help me again?" asked the Elector. "Twice you have rescued me already from want, and supported my poverty with your wealth. I am your debtor, your insolvent debtor, who pays no interest, to say nothing ...
— The Youth of the Great Elector • L. Muhlbach

... broken-down nondescript, in appearance something between a horse-dealer and a pugilist. He is an old Etonian. Five years ago he drove his four-in-hand; he is now waiting to beg a sovereign, having been just discharged from the Insolvent Court, for the second time. Among the women, a pretty actress, who, a few years since, looked forward to a supper of steak and onions, with bottled stout, on a Saturday night, as a great treat, now finds one hundred pounds a month ...
— The International Monthly Magazine, Volume 5, No. 1, January, 1852 • Various

... intermediation only in so far as pecuniary interests are to be furthered or safeguarded in the intermediation. When, as has happened with the belligerents in the present instance, the national establishment becomes substantially insolvent, it is beginning to appear that its affairs can be taken care of with less difficulty and with better effect without the use of financial expedients. Of course, it takes time to get used to doing things by the more direct method and without the accustomed circumlocution ...
— An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation • Thorstein Veblen

... from which not only the great nobles but mechanics and other hidalgos were, exempt—had been able to earn and to lay by enough to offer the monarch fifty millions of dollars to purchase themselves out of semi-slavery into manhood, and yet found their offer rejected by an almost insolvent king. Nothing could exceed the idleness and the frivolity of the upper classes, as depicted by contemporary and not unfriendly observers. The nobles were as idle and as ignorant as their inferiors. They were not given to tournays nor to the ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley

... Commercial bubbles burst, and high-pressure boilers blow up, and mountebanks of all descriptions flourish on public credulity. Everywhere there are wars and rumours of wars. The Peace Society has wound up its affairs in the Insolvent Court of Prophecy. A great tribulation is coming on the earth, and Apollyon in person is to be perpetual dictator all the nations. There is, to be sure, one piece of news your line, but it will be no news to you. There is a meeting of the ...
— Gryll Grange • Thomas Love Peacock

... in high esteem at St. Ogg's, and men who busied themselves with political questions were regarded with some suspicion, as dangerous characters; they were usually persons who had little or no business of their own to manage, or, if they had, were likely enough to become insolvent. ...
— The Mill on the Floss • George Eliot

... be looked into, it was found that he was practically insolvent, his stock of goods and personal property barely—but nearly enough to free him from censure—covering his liabilities. Following came the disclosure that he had been entrusted with the sum of twenty thousand ...
— Roads of Destiny • O. Henry

... an extrinsic title, risk of losing the principal is connected with the contract of mutuum, and entitles the lender to some compensation for running the risk of losing his capital in order to oblige a possibly insolvent debtor. The greater the danger of insolvency, the greater naturally would be the charge. The contract was indifferent to the object of the loan; it mattered not whether it was intended for commerce or consumption; ...
— An Essay on Mediaeval Economic Teaching • George O'Brien

... auction, delivered over his personal effects—plate, books, furniture, etc.—to be held in trust for his creditors (the estate itself had been settled on his eldest son when he married), and bound himself to discharge annually a certain amount of the liabilities of the insolvent firm. He then, with his characteristic energy, set about the performance of his herculean task. He took cheap lodgings, abridged his usual enjoyments and recreations, and labored harder than ever. The death of his beloved lady increased the gloom which ...
— Great Men and Famous Women, Vol. 7 of 8 • Charles F. (Charles Francis) Horne

... have provoked a less fiery people than the Southrons. At the inception of the struggle a large amount of Southern indebtedness was held by the people of the North. To force payment from the generous but insolvent debtor—to obtain liquidation from the Southern planter—was really the soulless and mercenary object of the craven Northerners. Let the common people of England look to this. Let the improvident literary hack, the starved impecunious Grub Street debtor, ...
— The Luck of Roaring Camp and Other Tales • Bret Harte

... was convicted and fined three ounces for stealing, while the prosecuting witness was also fined one ounce for bothering the court with such a complaint. On another occasion the defendant, on being fined, was found to be totally insolvent. The alcalde thereupon ordered the plaintiff to pay the fine and costs for the reason that the court could not be expected to sit without remuneration. Though this naive system worked out well enough ...
— The Forty-Niners - A Chronicle of the California Trail and El Dorado • Stewart Edward White

... had offered him; but the wretch, after dealing treacherously with me as he had done, after causing the death of eight persons, including the American who was drowned, and all the misfortunes which befel my wife; in short, after dissipating the whole of the effects I had intrusted with him, proved insolvent; and, for my part, I judged it unnecessary to augment the losses I had already sustained by having ...
— Perils and Captivity • Charlotte-Adelaide [nee Picard] Dard

... family as any in the county of Somerset. He had a Cornish pedigree which carried the Pendennises back to the time of the Druids. He had had a piece of University education, and might have pursued that career with honour, but in his second year at Oxford his father died insolvent, and he was obliged to betake himself to the trade which he always detested. For some time he had a hard struggle with poverty, but his manners were so gentleman-like and soothing that he was called in to prescribe ...
— Boys and girls from Thackeray • Kate Dickinson Sweetser

... think it necessary to hand over any [insolvent] persons to those who have become security for them, assume that right with confidence, because that will most effectually relieve my mind when I shall learn that this matter has been finally disposed of by you[734]. For if I were present you might give me words only; ...
— The Letters of Cassiodorus - Being A Condensed Translation Of The Variae Epistolae Of - Magnus Aurelius Cassiodorus Senator • Cassiodorus (AKA Magnus Aurelius Cassiodorus Senator)

... a national bankrupt law I still regard as very desirable. The Constitution having given to Congress jurisdiction of this subject, it should be exercised and uniform rules provided for the administration of the affairs of insolvent debtors. The inconveniences resulting from the occasional and temporary exercise of this power by Congress and from the conflicting State codes of insolvency which come into force intermediately should be removed by the enactment of a simple, inexpensive, and permanent ...
— A Compilation of the Messages and Papers of the Presidents, Volume IX. • Benjamin Harrison

... fellow-countrymen, deeply in debt, in spite of the repartimiento of Indians which had been allotted to him. Unfortunately for Balboa a law had been passed forbidding any vessels bound for the mainland taking insolvent debtors on board, but his ingenuity was equal to this emergency, for he had himself rolled in an empty barrel to the vessel which was to carry Encisco to Darien. The chief of the expedition had no choice ...
— Celebrated Travels and Travellers - Part I. The Exploration of the World • Jules Verne

... salaries would be paid, though six months passed without any resuit or any practical step being taken in the matter. This state of affairs grew worse until the year 1443, when the King was obliged to plead with the Parliament in the character of an insolvent debtor, and, in order to obtain remission of part of his debt to the members, to guarantee to them a part of the ...
— Manners, Custom and Dress During the Middle Ages and During the Renaissance Period • Paul Lacroix

... many notes going to protest with every tick of the clock. "I'll write home for funds," he decides; "but how am I to live while awaiting the remittance?" By giving more chits, only. He does this with a bold front for another month or so, and is doubly insolvent when the remittance finally comes to hand. Then he gives still more chits, ...
— East of Suez - Ceylon, India, China and Japan • Frederic Courtland Penfield

... of the Surface school was one day heard to boast that from his continually breaking his promises made to his creditors, they must imagine him to have been brought up in a court:—"Yes," replied a byestander, "the Insolvent's Court." ...
— The Mirror of Literature, Amusement, and Instruction, Vol. 10, No. - 287, December 15, 1827 • Various

... condition of affairs. They arrived at the Hague on February 7. Both reports recommended that a war-indemnity should be levied on the Republic, but counselled moderation, for, though the private wealth of the Dutch was potentially large, the State was practically insolvent. These proposals were too mild to please the Committee of Public Safety. The new States-General had sent (March 3) two envoys, Van Blauw and Meyer, to Paris with instructions to propose a treaty of alliance and of commerce with France, to ask for the withdrawal of the French ...
— History of Holland • George Edmundson

... more gentle, and with a sigh said, "I confess I have the least reason of all mankind to censure another for an imprudence of this nature, as I am myself the most easy to be imposed upon, and indeed have been so by this count, who, if he be insolvent, hath cheated me of five hundred pounds. But, for my own part," said he, "I will not yet despair, nor would I have you. Many men have found it convenient to retire or abscond for a while, and afterwards have paid their debts, or at least handsomely compounded them. This I am certain ...
— The History of the Life of the Late Mr. Jonathan Wild the Great • Henry Fielding

... desolate, in others afflicted with congested population, can hardly be carried on without making some enemies. Moreover, I have no reason to believe that the vast "Law Life" property has, since it passed out of the hands of its ancient insolvent owners, been either more wisely or liberally administered than in the wild, wicked days when the Martins "reigned" at Ballynahinch, and boasted that the King's writs did not run ...
— Disturbed Ireland - Being the Letters Written During the Winter of 1880-81. • Bernard H. Becker

... itself, he was compelled to wind up, and found himself twenty-five hundred dollars worse than nothing. Several of his unpaid bills to eastern houses were placed in suit, and as he lived in a state where imprisonment for debt still existed, he was compelled to go through the forms required by the insolvent laws, to keep clear ...
— Graham's Magazine, Vol. XXXII No. 4, April 1848 • Various

... independent Treasury act of the previous Congress, and the next was the establishment of a general system of bankruptcy, and for distribution of the public land revenue. The former was more than a bankrupt law; it was practically an insolvent law for the abolition of debts at the will of the debtor. The bill passed both Houses. The land-revenue distribution was made imperative by the fact that various American States and municipalities owed $200,000,000 to European ...
— A History of the Nineteenth Century, Year by Year - Volume Two (of Three) • Edwin Emerson

... heartless frauds on an unprecedented scale.' I don't understand these things much, but it appears that he had juggled with accounts, cooked balance sheets, had gathered in deposits months after he ought to have known himself to be hopelessly insolvent, and done enough of other things, highly reprehensible in the eyes of the law, to earn for himself seven years' penal servitude. The sentence making its way outside met with a good reception. A small mob composed mainly of people who themselves did not look particularly clever and scrupulous, leavened ...
— Chance - A Tale in Two Parts • Joseph Conrad

... One might also mention for its verisimilitude the situation described at the end of Mr. F. Brett Young's novel The Iron Age (Secker, 1916), in which the insolvent ironworks of Mawne are saved in the nick of time by the declaration ...
— The World in Chains - Some Aspects of War and Trade • John Mavrogordato

... England there are many. One man marries a rich heiress: another quacks: another opens a tabernacle, and wheedles himself into old women's wills. But perhaps the best way of all is to go into trade, break, take the benefit of the Insolvent Act, and in short get famously ruined; in which case you're made ...
— Walladmor: - And Now Freely Translated from the German into English. - In Two Volumes. Vol. I. • Thomas De Quincey

... the time of Homer; Alexander sold the inhabitants of Thebes, and the Spartans reduced the entire population of Helos to servitude, so that Helot came to be synonymous with slave, while one of the laws inscribed on the Twelve Tables of Rome gave a creditor the right to sell an insolvent debtor into slavery to satisfy his claim. Wealthy Romans frequently possessed slaves, over whose lives and fortunes the ...
— Bartholomew de Las Casas; his life, apostolate, and writings • Francis Augustus MacNutt

... me from her hard earnings, the three hundred dollars she had lent her mistress were never repaid. When her mistress died, her son-in-law, Dr. Flint, was appointed executor. When grandmother applied to him for payment, he said the estate was insolvent, and the law prohibited payment. It did not, however, prohibit him from retaining the silver candelabra, which had been purchased with that money. I presume they will be handed down in the ...
— Incidents in the Life of a Slave Girl - Written by Herself • Harriet Jacobs (AKA Linda Brent)

... A jealous, impotent wife. The brother spied on me, following me everywhere. I should have gone away, but one thing kept me there. The usurer was said to be very rich. I wished to have some return for my cowardice. You see, I tell you all. Come now, I have been punished. Old Strang died insolvent; he used to gamble, had ruined himself without saying a word. Then I put my wife and her rheumatism in a hospital, and came to France. I had to begin existence again, more struggles and misery. But I had experience on my side, hatred and contempt for men, and my newly conquered liberty, ...
— The Nabob • Alphonse Daudet

... "I am sorry to report that the Trescott estate is absolutely insolvent! It lacks a hundred thousand dollars of being ...
— Aladdin & Co. - A Romance of Yankee Magic • Herbert Quick

... whimperers. We are afraid of truth, afraid of fortune, afraid of death, and afraid of each other. Our age yields no great and perfect persons. We want men and women who shall renovate life and our social state, but we see that most natures are insolvent, cannot satisfy their own wants, have an ambition out of all proportion to their practical force,[224] and do lean and beg day and night continually. Our housekeeping is mendicant, our arts, our occupations, our marriages, our ...
— Essays • Ralph Waldo Emerson

... You are the only person I can think of, of her acquaintance, and can, perhaps, if not yourself, recommend the person most likely to influence her. Shelley had engaged to clear him of all demands, and he has gone down to the deep insolvent. ...
— The Works of Charles and Mary Lamb (Vol. 6) - Letters 1821-1842 • Charles and Mary Lamb

... her furniture, but got no answer. All my old friends turned their backs upon me. My action went against me—I had not a penny to defend it. Solomonson proved my wife's debt, and seized my two thousand pounds. As for the detainer against me, I was obliged to go through the court for the relief of insolvent debtors. I passed through it, and came out a beggar. But fancy the malice of that wicked Stiffelkind: he appeared in court as my creditor for 3L., with sixteen years' interest at five per cent, for a PAIR OF TOP-BOOTS. The old thief produced them ...
— The Fatal Boots • William Makepeace Thackeray

... which are scattered in considerable numbers about the town, the largest are the New Law Courts, which have just been erected at a cost of L300,000. They contain 130 rooms, and provide accommodation for the Supreme Court, the County Court, the Insolvent Court, the Equity Court, and for the various offices of the Crown Law Department. The plan is that of a quadrangle, with a centre surmounted by a dome 137 feet high. Still more elaborate and magnificent are the Parliament Houses not yet completed, the front alone of which is to cost L180,000. With ...
— Town Life in Australia - 1883 • R. E. N. (Richard) Twopeny

... Julia, that when your father started in life he had not much capital, and began business in a small way. But he did very well until there came a time of commercial depression, and a man who owed him a considerable sum of money died insolvent. Then your father found that he was so much embarrassed that he thought the wisest and most honourable course would be to divide what he had amongst his creditors at once. He gave up everything to them, and was hesitating what he should do for a living. Just at that time my father ...
— Ruth Arnold - or, the Country Cousin • Lucy Byerley

... in every circle, married to men not by any means insolvent, who have unlimited credit, but never any money of their own. They have carriages but no car fare; fine stationery, monogrammed and blazoned with a coat of arms, but not by any chance ...
— The Spinster Book • Myrtle Reed

... little else than the shadow of what he had been. He not only lost heavily the usurious credit he had given, in consequence of the wide-spread poverty and crying distress of the wretched people, who were mostly insolvent, but he suffered severely by the outrages which had taken place, and doubly so in consequence of the anxiety which so many felt to wreak their vengeance on him, under that guise, for his heartlessness and blood-sucking ...
— The Black Prophet: A Tale Of Irish Famine • William Carleton

... staunchly refused to be a party to such deception. She borrowed some figures of speech suggested by the work she was doing in the bank and declared that her loyalty was not insolvent and that she would not make any composition with ...
— When Egypt Went Broke • Holman Day

... distributed most liberally, wherein the King's and Queen's healths were drunken. But this vile Pageantry, similar to Balthazzers quaffing in the holy vessels, did not pass long without a note of observation, for though Milne had scraped together much riches, yet, in a short time, he became an insolvent bankrupt, and was forced to flee to the Abbey; after which he became distracted, and died in great misery ...
— Biographia Scoticana (Scots Worthies) • John Howie

... and as soon as practicable was going through the courts as an insolvent. The personal estate allowed him from the debris of his wealth he intended to settle on his aunts, and he hoped it might be sufficient to support them. Himself, he had the same prospects as the boundary-riders on ...
— My Brilliant Career • Miles Franklin

... the unfortunate beginning of this American war, and its as unfortunate conclusion, this country has been, and still is, decaying very fast. Even in higher life, a couple of our Ayrshire noblemen, and the major part of our knights and squires, are all insolvent. A miserable job of a Douglas, Heron, and Co.'s bank, which no doubt you heard of, has undone numbers of them; and imitating English and French, and other foreign luxuries and fopperies, has ruined as many more. There is a great trade of smuggling ...
— The Complete Works of Robert Burns: Containing his Poems, Songs, and Correspondence. • Robert Burns and Allan Cunningham

... the newspaper office in which young Greeley was learning his trade became insolvent, and Greeley, then in his twentieth year, was released from his indentures. He tramped from office to office as a journeyman printer, and his father having removed to the then "new country of western Pennsylvania," the youngster, with ten dollars in his pocket, walking part way and part way ...
— Great Men and Famous Women. Vol. 4 of 8 • Various

... richer sort of prisoners in the Fleet and King's Bench, to the poorer, for their share of a room. When prisons are very full, which is too often the case, particularly on the eve of an insolvent act, two or three persons are obliged to sleep in a room. A prisoner who can pay for being alone, chuses two poor chums, who for a stipulated price, called chummage, give up their share of the room, and sleep on the stairs, or, as the term is, ...
— 1811 Dictionary of the Vulgar Tongue • Captain Grose et al.

... letter contains bad news. Her father is dead; the estate is wretchedly insolvent; and she is coming to ...
— St. Elmo • Augusta J. Evans

... business, practical hands—if it hoarded when it ought to spend—if it got by cringing and fawning what it never deserved, I might possibly impress you very much by my indignation. If its managers could tell me that it was insolvent, that it was in a hopeless condition, that its accounts had been kept by Mr. Edmunds—or by "Tom,"—if its treasurer had run away with the money-box, then I might have made a pathetic appeal to your feelings. But I have no such chance. Just as a nation ...
— Speeches: Literary and Social • Charles Dickens

... anomalous and baffling nature of Australian conditions made Rory all the more reluctant to tear himself away from his present asylum—though its shelter seemed to resemble the shadow of a great deficit in an insolvent land. ...
— Such is Life • Joseph Furphy

... he retained Montpelier and continued to reside there, though in reduced circumstances, until his death in 1836. At about the same time Jefferson received what he called his coup de grace. He had endorsed a note of twenty thousand dollars for Governor Wilson C. Nicholas and upon his becoming insolvent was held to the full amount of the note. His only assets were his lands which would bring only a fifth of their former price. To sell on these ruinous terms was to impoverish himself and his family. His distress was ...
— Jefferson and his Colleagues - A Chronicle of the Virginia Dynasty, Volume 15 In The - Chronicles Of America Series • Allen Johnson

... forward to a reign under which virtue and a sense of public duty would again be the attributes of royalty. In this session, too, it conferred a boon upon Ireland, which earned little gratitude, by the consolidation of the British and Irish exchequers. Ireland was virtually insolvent before this measure was passed. With the union of the exchequers the union of the countries was completed. The administration, discredited by its financial policy, was strengthened in June by the acquisition of Canning, ...
— The Political History of England - Vol XI - From Addington's Administration to the close of William - IV.'s Reign (1801-1837) • George Brodrick

... Education, Polity, Religion, where so much is wanted and indispensable, and so little can as yet be furnished, probably Imposture is of sanative, anodyne nature, and man's Gullibility not his worst blessing. Suppose your sinews of war quite broken; I mean your military chest insolvent, forage all but exhausted; and that the whole army is about to mutiny, disband, and cut your and each other's throat,—then were it not well could you, as if by miracle, pay them in any sort of fairy-money, feed them on coagulated water, or mere imagination of meat; whereby, till ...
— Sartor Resartus - The Life and Opinions of Herr Teufelsdrockh • Thomas Carlyle

... temperance and judgment to come,' and make a natural effort to turn our minds away from the contemplation of the subject, because it is painful and unpleasant. Do you think it would be a wise thing for a man, if he began to suspect that he was insolvent, to refuse to look into his books or to take stock, and let things drift, till there was not a halfpenny in the pound for anybody? What do you suppose his creditors would call him? They would not compliment him on either his honesty or his prudence, would they? And is it not the part of a wise ...
— Expositions of Holy Scripture: The Acts • Alexander Maclaren

... the political sphere, but in the circle of money transactions. Among others, it shows that a government may be in a state of insolvency and a nation rich. So far as the fact is confined to the late Government of France, it was insolvent; because the nation would no longer support its extravagance, and therefore it could no longer support itself—but with respect to the nation all the means existed. A government may be said to be insolvent every ...
— The Writings Of Thomas Paine, Complete - With Index to Volumes I - IV • Thomas Paine

... Mrs. Hooper were "King" Hooper and his wife of Marblehead. He was so called on account of his magnificent style of living. He was one of the Harvard Class of 1763; was a refugee in 1775, and died insolvent in 1790. The beautiful mansion which he built at Danvers, Mass., is still standing in perfect condition, and is the home of Francis Peabody, Esq. It is one of the finest examples of eighteenth century architecture in ...
— Diary of Anna Green Winslow - A Boston School Girl of 1771 • Anna Green Winslow

... fifty in a cave," in the days of Ahab and Jezebel, 1 Kings 18:4; which circumstance rendered it highly fit that the prophet Elisha should provide her a remedy, and enable her to redeem herself and her sons from the fear of that slavery which insolvent debtors were liable to by the law of Moses, Leviticus 25:39; Matthew 18:25; which he did accordingly, with God's help, at the expense ...
— The Antiquities of the Jews • Flavius Josephus

... mysterious talent, so common among the financially insolvent, for living lavishly on an invisible income. But, plan as he would, he had never been able to increase that income through confidential gossip with men like Quarrier or Belwether, or even Ferrall. What information his pretty wife might have extracted he did not know; ...
— The Fighting Chance • Robert W. Chambers

... Johnson was, that she had a good understanding and great sensibility, but inclined to be satirical. Her first husband died insolvent [this is a mistake, see ante, i. 95, n. 3]; her sons were much disgusted with her for her second marriage; ... however, she always retained her affection for them. While they [Mr. and Mrs. Johnson] resided in Gough Square, her son, ...
— Life of Johnson, Volume 6 (of 6) • James Boswell

... withholding from her financial control over the revenues of the State, she has only herself to blame if she is told very bluntly that her claim to such control is barred by the fact that she is, as a citizen insolvent. The taxes paid by women would cover only a, very small proportion of the establishment charges of the State which would properly be assigned to them. It falls to man ...
— The Unexpurgated Case Against Woman Suffrage • Almroth E. Wright



Words linked to "Insolvent" :   unsuccessful person, loser, belly-up, solvent, insolvency, nonstarter, failure



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